Neal Auto-IRA Bill Could Help Annuity Issuers
December 23, 2025 by Allison Bell
A new House retirement plan bill could create a new market for individual annuities and annuity-like arrangements.
Rep. Richard Neal, D-Mass. — the highest-ranking Democrat on the House Ways and Means Committee — reintroduced the Automatic IRA Act Monday.
The bill would require an employer with more than 10 employees that has no other retirement plan to put the employees in individual retirement accounts, 401(k) plans or other arrangements that withdraw contributions from the employees’ paychecks automatically.
Originally Posted at Think Advisor on Dec 18, 2025 by Allison Bell.
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